Sharing polices and practices and organizing them into a “best practices” defense is the best strategy for detecting and preventing mortgage fraud, according to participants in a recent summit hosted by the Mortgage Bankers Association. Chris Swecker, assistant director with the Federal Bureau of Investigation’s Criminal Investigative Division, estimates more that $170 million in actual loses have been incurred by lenders due to mortgage fraud. Swecker spoke at the MBA’s summit, “Protecting the Real…